Singapore_Air From United Kingdom, joined Nov 2000, 13744 posts, RR: 19 Posted (12 years 3 weeks 6 days 19 hours ago) and read 2175 times:
Congratulations to Aerolineas Argentinas who according to a source familiar with the airline's finances said that the airline is expected to post its first monthly profit in twenty five years.
Aerolineas Argentinas Chairman Antonio Mata told an assembly of creditors that in July and August 2002, the airline posted a net profit. The airline was facing closure due to debts and Argentina's economic problems.
40% of revenue is from international flights and with prices in US Dollars, is most helpful considering Argentina's economic and currency situation. Domestic market share is now 75%, up from 17% a year ago.
Singapore_Air From United Kingdom, joined Nov 2000, 13744 posts, RR: 19
Reply 2, posted (12 years 3 weeks 5 days ago) and read 2111 times:
FEATURE-Winner emerges from Argentine airline dogfight
Passengers chant "Argentina! Argentina!" like crazy soccer fans when its planes land, and Argentines who have never even flown say they feel its jets, painted in their flag's colors, belong to them.